News
SITAWI signs business manifesto in favor of sustainable development
07 de agosto de 2020More than 60 signatories, between companies and institutions, endorse the Brazilian Business Sector Communiqué that reaffirms the public commitment and proposes a coordinated action towards sustainable development. Signatories recognize that more sustainable practices, in addition to respecting the planet’s natural limits, have a financial impact. The group acknowledges that Brazil’s international image on environmental issues has plunged and currently generates losses for the country, either from a reputational or commercial
FS Bioenergia raises BRL 530 million in unprecedented green finance operations based on SITAWI Second Party Opinion
06 de agosto de 2020FS Bioenergia was responsible for three new green finance operations in Brazil in recent months. The company raised BRL 530 million and based two of them on SITAWI’s SPO. The first operation, BRL 210 million in Agribusiness Receivable Certificates (CRA), was the first Green CRA for bioenergy sector in Brazil, issued in March this year. FS Bioenergia is the largest producer of ethanol exclusively from corn in Brazil. The second
SITAWI launches first database of green bonds in Brazil
08 de julho de 2020At the end of June 2020, SITAWI launched a public link to the first complete database of thematic bonds in Brazil. The term includes green, social, sustainable and transition bonds, i.e., debts obtained for assets that have different types of socio and environmental externalities. The database includes all the sustainable credit operations in the country, covering not only bonds certified by the Climate Bonds Initiative (CBI), but also other mechanisms
Philanthropic Fund directs efforts to support low-income residents during pandemic
17 de junho de 2020The Philanthropic Fund PerifaConnection was released in March 2020. Since then, it has supported the work of the social group of the same name, which makes the contests of narratives about youth in the peripheries of Brazil. The PerifaConnection bets on communication: it uses the public debate led by youth from the peripheries as the main tool to combat racism, inequalities and to build new perspectives. In response to the
First Green Bond issued by a Brazilian private bank counts with SITAWI’s second-party opinion
10 de junho de 2020Banco BV, former Banco Votorantim, is the first national private bank to issue a green bond, debuting directly in the international market. The US$ 50 million fundraising will support BV’s loan portfolio of solar photovoltaic and wind generation power-plants projects. The green bond matures in 2024 and yields 3.35% per year. SITAWI was responsible for the second-party opinion (SPO) of the US$ 50 million issuance and it allows BV to
Events
Publications
Implementing the TCFD Recommendations: a Roadmap for the Brazilian Banking Sector
Impact Investing in the Amazon: Pathways for Sustainable Development
The preservation of the Amazon and its biodiversity is vital to the world. Environmental balance,…
The Coolest Bonds
Brazilian companies have already issued BRL 15.6 billion in green bonds in the national and…
TESTIMONIALS
Beatriz Secaf
Sustainability Advisor at FEBRABAN
Once again, working with SITAWI has been a very positive experience. Its team, always up to date and flexible to adapt processes when necessary, has delivered great work, anticipating demands and meeting the expected deadlines.
Camila Silva
Senior Officer, Technical Assistance Management at Finance in Motion
SITAWI has supported 7 different client banks of the ecoBusiness Fund in the implementation of ESMS. The customized tools and training delivered excellent results. SITAWI’s team is innovative and very competent across Sustainable Finance themes.
Maria Eugênia Taborda
Regional Network Coordinator at UNEP-FI
In SITAWI’s platform, we know who is the entrepreneur, what kind of project is being undertaken, where the money is being used. This is what I like: to know who is getting my money and that it will be used in something worth it, something we believe in.
Thiago da Costa
Program Manager of the Philanthropic Fund of the BMW Foundation
SITAWI’s financial report has been well adapted to our foundation needs over the years, meeting the expectations and guidance from our financial department. Furthermore, SITAWI’s team is well-prepared and always available to help us.
Érica Figueiredo
Volunteer Environmental Agent
We see the results of over 20 years of work, which is not an easy job. And it has been worth it. If they hadn’t thought of future generations 20 years ago, in my genereation, I would not know what a turtle is, I would not know what is seeing a baby turtle walking in the beach. So, to us, it is a fascinating thing.
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